121A Kennedy Street, South Hedland

PRIME OPPORTUNITY / LARGE BLOCK / HIGHLY VALUED LOCATION Vacant Possession, Positive Cash Flow option, Depreciation & Potential Development Benefits. This property offers excellent value for money and the opportunity for a smart investor to purchase at this incredible price. INVESTORS / DEVELOPERS: Searching for a Large Block to Develop on? Here lies an opportunity for the savvy investor / developer to secure a large 825m2 of Land. Currently zoned R20 this property has the potential to utilize the existing dwelling as a granny flat to the rear and potential to build a Brand New additional dwelling to the front to receive a dual income and gain instant equity allowing you to look at a second purchase. With Vacant Possession available at settlement, you can start works immediately! OWNER OCCUPIERS: If you're looking to buy your own home in Hedland, then this opportunity should not be overlooked! Simply inject some extra cash into the property to make it your own and reap the benefits of this affordable pricing with instant equity when you're done. Get ahead in this competitive market and make a second purchase or to hold on to and watch it grow! This property offers a 2x1on a large 825m2 block, neat and tidy kitchen, built in robes to bedrooms, RACs to bedrooms and main living area, reticulated lush gardens and lawn, small garden shed, loads of parking with side access to the rear all situated within a fully fenced secure block. Investor Details - Large 825m2 Block - Potential Development & Depreciation Benefits - Expected to lease in the current market for $1000 - $1200 per week - Potential $62,400.00 Per Annum / 10% Return on Investment - Location Close to CBD and Iconic Water Park - Huge amount of parking with dual access to block - Great value for money land value at $751 per m2 This property is a rare buy in today's South Hedland market, offering to both the in town owner occupier market, ideal for the investor market and the opportunity for the developer market, at this affordable price this property will definitely not last long!! PLEASE NOTE: All developments are subject to TOPH & Local planning scheme approvals. Buyers must make their own investigations into the development potential of the site through the Town of Port Hedland Planning department & Council requirements. Enjoy the benefits of this investment CALL TODAY to discuss how this property is best suited to you! Contact Michelle Grimes - 0408 955 468 / 9172 5300 Whilst due care has been taken, these figures and calculations are based on current market information and are subject to change.